Original Message:
Re: Manhattan Club Owners - what's with developers having "first refusal"? (by Cyndia S.):
The way I understand it now, the Manhattan Club is REFUSING to buy back any of their timeshare units from current members. In fact, there is a "waiting list" for this and there are some owners who are trying to get out from under the exhorbitant maintenance fees (of $2,000 and up; ours is at $1,700 and we just want OUT) and are practically trying to give their timeshares away.
One valuable lesson we learned in all of us this was that maintenance fees are FOREVER. So, even if you buy a timeshare at $1.00, you are FOREVER responsible every year for some ungodly maintenance fees. As some owners have mentioned on our yahoo group list, for $2,000, you could go to London or Paris and have the time of your life! New York City is nice and all, but for $2,000 a week you could certainly find something equivalent to Manhattan Club and not have to deal with the impossibility of getting owners' reservations there. We so want out of there and are still trying to figure out a way to do it. Please let anyone know who is even tempted to buy in there that it is a total scam and to check out our message board on yahoo if they want proof!